Payments Source

JULY 15, 2020

The initial adoption wave that mobile and contactless payments have ridden during the first months of the coronavirus pandemic is likely to continue as companies adjust business models to make embedded payment methods a key part of their strategy.

Contactless Payments 126

Contactless Payments Embedded Payments Adjustments Payments 126

PYMNTS

MAY 20, 2020

Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. The following Deep Dive explores how contactless payments and digital ordering processes are going to be vital to restaurants’ survival during the pandemic and in the future. A Cash-Free Environment.

Contactless Payments 76

Contactless Payments Point-of-Sale (POS) Payments EMV 76

NFCW

DECEMBER 12, 2023

PAYG: National Rall is updating its fare structure in preparation for introducing contactless payment UK transport provider National Rail has adjusted ticketing prices for commuter journeys into and out of London as a step towards rolling out pay-as-you-go contactless fare payments at more than 50 stations across the south-east of England.

Contactless Payments 123

Contactless Payments Adjustments Addressing Payments 123

Payments Source

MARCH 9, 2021

As the lockdown subsided and stores began to re-open, the habits of the British shopper had changed, forcing banks and merchants to adjust.

Adjustments 133

Adjustments Contactless Payments Digital Payments Payments 133

Clearly Payments

OCTOBER 7, 2024

Among the sectors affected is the payment processing industry , which has undergone rapid transformation in response to the unprecedented challenges posed by the pandemic. This article covers the impact of COVID-19 on payment processing, supported by data and statistics that highlight the scope and scale of these changes.

Cross-Border 105

Cross-Border Processors Contactless Payments Multi-Currency 105

PayJunction

MARCH 5, 2024

In the past few years, we’ve witnessed exponential growth in contactless and digital payments, as consumers opt for the convenience of smartphones and wearables over traditional wallets. These behavioral adjustments have changed how veterinary practices handle payment acceptance.

Contactless Payments 52

Contactless Payments Adjustments Payments Digital Payments 52

PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. FIs need to adjust their offerings accordingly to suit consumers’ new needs.

Online and Mobile Banking 95

Online and Mobile Banking Debit Card Direct Deposit Contactless Payments 95

Clearly Payments

DECEMBER 18, 2023

These key trends are set to redefine how consumers and businesses engage with payments, introducing innovation and unparalleled convenience. The Continued Surge of Contactless Payments Contactless payments , facilitated by tap-to-pay cards, mobile wallets , and wearable devices, are set to maintain their upward trajectory.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

PYMNTS

JULY 1, 2020

Months of worry regarding the potential health risks of cash and cards have motivated consumers to use other payment methods, including contactless transactions, which alter customers’ online and in-store payment interactions. consumers claimed they made at least four contactless transactions in April.

Regulations 64

Regulations Digital Payments Contactless Payments Online and Mobile Banking 64

PYMNTS

MAY 13, 2020

That has meant helping big-name firms like Kroger, Panera and Jimmy John’s get up and running quickly with contactless payments , mobile order-ahead and curbside pickup, as well as countless other modifications for their various clients. And we can modify our system fast.

Contactless Payments 100

Contactless Payments Point-of-Sale (POS) Push-to-Card Innovation 100

PYMNTS

JUNE 26, 2020

Consumers are shopping online more, going to ATMs and using cash less, and showing an increased preference for contactless payments – and McNicoll thinks much of this shift will be permanent. In the time of COVID-19 , you have to adjust your model, because we’ve never seen this before,” McNicoll said. “We

Contactless Payments 127

Contactless Payments Underwriting ATM Adjustments 127

PYMNTS

OCTOBER 27, 2020

The company also raised its full-year 2020 outlook, now expecting adjusted earnings per share to grow at least 11 percent over 2019. We are including raising our earnings outlook in anticipation of achieving our 35th consecutive year of double-digit adjusted earnings per share growth while continuing to invest in the future.".

Economy 67

Economy Contactless Payments Adjustments Processors 67

PYMNTS

OCTOBER 5, 2020

The company credited Venmo's peer-to-peer payments platform and QR code-based contactless payments system for a big part of its success. Total payment volume rose 52 percent to $37 billion, while active users grew by 8 million to more than 60 million. Adjusted earnings per share came in at $1.07 billion ($1.29

Venmo 90

Venmo Credit Cards PayPal Online and Mobile Banking 90

Fintech Finance

JULY 9, 2024

SoftPOS technology is a rapidly emerging solution in Europe, representing one of just a few ready-to-deploy solutions for modern payment needs. This partnership represents a significant step in our mission to provide innovative and flexible payment solutions that cater to the dynamic needs of merchants and their customers across Europe.

Acquirers 94

Acquirers Accreditation Contactless Payments Payment Solutions 94

PYMNTS

JULY 29, 2020

And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever,” CEO and President Dan Schulman said in announcing the results.

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

Fintech News

OCTOBER 23, 2024

Its unique methodology involves monitoring of approval rate spikes and drops, analysing rejection patterns per channel, card type, merchant, and other parameters, and making timely adjustments in the processing system. Sophisticated payment pathways also apply to fleet acquiring.

Acquirers 120

Acquirers C2B Online and Mobile Banking Risk Assessment 120

PYMNTS

JUNE 8, 2020

Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. financial and payment services UK Finance. 14, 2019, deadline. Consumers spent 80.5 billion pounds ($98.5

Contactless Payments 60

Contactless Payments Finance Regulations Authentication 60

PYMNTS

AUGUST 4, 2020

We want to solve that problem taking the outfits you like and adjusting it to your unique body and style.” Proger says it has thousands of registered users and is focused on building long-term, personalized relationships, analyzing customers’ tastes and adjusting to their needs. It is currently focused on U.S.

Adjustments 98

Adjustments Contactless Payments Consumer Product 98

PYMNTS

OCTOBER 1, 2020

Stores will also include self-checkout kiosks as well as contactless payment solutions, including Walmart Pay, to limit contact between associates and customers. Walmart has tested the new concept in select stores, and says it will continue to get customer and associate feedback “and evolve the design accordingly.”

Contactless Payments 101

Contactless Payments Adjustments On-Demand Volume 101

PYMNTS

FEBRUARY 1, 2021

The Tracker examines how FIs can apply the Nordic instant payments approach in their own markets, what technologies and tools can help and what challenges may be holding them back. Contactless payments in the Nordics have continued to jump in popularity since the start of the pandemic. Around The Disbursements World.

Instant Payments 98

Instant Payments Payments Contactless Payments Financial Inclusion 98

PYMNTS

JULY 15, 2020

RoarMoney promises faster access to customer funds and secure contactless payment options. MoneyLion , the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. with Mastercard as its exclusive card network.

Mobile Banking 70

Mobile Banking Identity Theft Contactless Payments Visa 70

PYMNTS

AUGUST 19, 2020

The Playbook provides a big-picture window into the current state of the B2B workforce spend ecosystem and draws a roadmap for how businesses and card issuers can work to provide the payments solutions needed to survive and thrive in this new ecosystem. Around The Everyday Workforce Spending World.

B2B 93

B2B Contactless Payments Card Issuer Digital Payments 93

PYMNTS

MAY 14, 2020

Optimizing The Payments Experience. Businesses’ payments strategies are adjusting to the new reality of online sales and contactless transactions , as the payment journey is often as important to the customer as the product research journey or customer service interactions.

Contactless Payments 67

Contactless Payments Payment APIs and Integration Point-of-Sale (POS) Payments 67

PYMNTS

APRIL 30, 2020

Those declines were offset at least in part by what management characterized as a long-standing shift to contactless payments and a move away from cash transactions. In terms of headline numbers, adjusted earnings were $1.38 per share, a nickel better than the Street had expected. Revenues, at about $5.9

Transactions 89

Transactions Cross-Border Volume Contactless Payments 89

Clearly Payments

DECEMBER 2, 2024

Once approved, the funds are transferred to the business’s merchant account, typically within 1–3 business days (same day or next day with Clearly Payments ). Contactless payments , such as tap-to-pay, grew by 25% year-over-year in 2023 , making up a significant portion of in-store card transactions.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

PYMNTS

SEPTEMBER 23, 2020

After years of incredibly sluggish adoption, many consumers are suddenly drawn to contactless payments due to COVID-19. Piatt said figures show that 76 percent of consumers who’ve made the switch to contactless intend to continue using it even after the pandemic has passed. “So,

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

DECEMBER 24, 2020

Contactless. Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. That reflects itself in preferences for contactless payment options, with 26 percent of consumers reporting a desire for merchants to accept contactless cards.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

OCTOBER 21, 2020

Consumers have quickly adjusted to the commerce shifts created by the COVID-19 pandemic, and many of these changes are looking like they might become permanent. Customers are shopping online more often and are more frequently opting for contactless payment methods in stores, for example.

Payments 69

Payments Adjustments Emerging Payments Push-to-Card 69

PYMNTS

SEPTEMBER 2, 2020

Snider said consumers have many such transaction needs, which is why CO-OP increasingly believes that payments innovation is the path to achieving a primary financial relationship with members. “We Because no matter where members are in their life stage, [they require] a way to make payments to meet their lifestyle — their everyday needs.”.

Credit Union 89

Credit Union Zelle Contactless Payments P2P 89

PYMNTS

JUNE 1, 2020

Some governments believe that contactless payments are a relatively safe alternative to cash and traditional credit cards because they spare merchants from handling bills and customers from tapping through POS interfaces. Around The Next-Gen Debit World.

Contactless Payments 52

Contactless Payments Push-to-Card Point-of-Sale (POS) Credit Cards 52

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in.

eWallet 88

eWallet Contactless Payments Central Bank Adjustments 88

PYMNTS

JULY 2, 2020

Not all consumers have been able to use eCommerce or contactless payments to shop. He also detailed how they are having to adjust again as business reopenings introduce new fraud threats and further changes what normal customer activity looks like. Around the Next-Gen Debit World. Find the full story in the Tracker.

Debit Card 89

Debit Card Point-of-Sale (POS) Contactless Payments Issuers 89

PYMNTS

DECEMBER 31, 2020

PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. FIs’ card-issuing trends also underscore the growing popularity of touchless purchasing approaches.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Authentication 109

PYMNTS

SEPTEMBER 22, 2020

Interest in contactless mobile wallet-enabled payments is such that 48 percent of consumers in one recent study said they would no longer shop at physical stores that did not offer contactless payment options.

Contactless Payments 79

Contactless Payments SWIFT Consumer Adjustments 79

PYMNTS

JULY 30, 2020

Adjusted EBITDA was $13 million ($0.23 Without the $100 million of restaurant and driver support, adjusted EBITDA would have easily reached record levels in the second quarter,” the company stated. PYMNTS’ Order-to-Eat Tracker reflects an industry that’s getting creative with ordering and payments to keep the rally going.

Adjustments 56

Adjustments Fed Contactless Payments On-Demand 56

PYMNTS

JUNE 16, 2020

That means implementing new social distancing procedures, higher sanitation guidelines and more adjustments like temperature checks, per a set of guidelines put out recently by the U.S. Travel Association and the American Hotel & Lodging Association (AHLA).

Contactless Payments 52

Contactless Payments Procedures Adjustments Checks 52

PYMNTS

AUGUST 20, 2020

It’s similar in those segments of the merchant/retailer community that were slower to adopt contactless payments and also digital payments, where circumstances have really forced the acceleration of their adoption as well.”. It’s led to an acceleration of bringing in the wider populations. The New Samsung Pay Card .

Visa 95

Visa Push-to-Card Credential Credit Cards 95